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abhijith16 Member
Joined: 14 Sep 2010 Posts: 1575 Location: DOH/IXE/MEL
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Posted: Wed Aug 28, 2013 9:13 pm Post subject: |
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ameya wrote: | abhijith16 wrote: | ameya wrote: | Ok, got atleast one rotation
HYD-VTZ-BOM-PAT-IXR-BOM-VTZ-HYD |
BOM-VTZ-HYD not available for booking. |
Which is not a problem, with multiple flights a day directly to HYD, I wonder who would anyways travel via VTZ |
What I meant was that the schedules aren't up. _________________ <a><img></a> |
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ameya Member
Joined: 09 May 2007 Posts: 3671 Location: Pune,Maharashtra
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Posted: Thu Aug 29, 2013 8:24 am Post subject: |
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The rotation infact is as below
HYD-CJB-BOM-PAT-IXR-BOM-CJB-HYD on 1,2,4,6
The HYD-CJB-BOM is replaced by HYD-VTZ-BOM on days 3,5,7
Lately 6E is actually trying multiple combinations for their products, which is a good sign
This will also be first flight from CJB-BOM which will definitely find place in the market |
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TKMCE Member
Joined: 27 Feb 2007 Posts: 957
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Posted: Thu Aug 29, 2013 9:12 am Post subject: |
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HYD CJB proposed morning flight will be up against SGs long running DEL HYD CJB flight and so what ever money 6E is going to make on a CJB BOM morning departure will be neutralised by the losses they will have on HYD CJB. |
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sumantra Member
Joined: 28 Oct 2007 Posts: 4685 Location: New Delhi
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Posted: Thu Aug 29, 2013 10:22 am Post subject: |
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ameya wrote: | This will also be first flight from CJB-BOM which will definitely find place in the market | Yes, I'll join Abhijith in his point - they haven't loaded it on their schedules as yet (till 29 Aug'13 morning, at least). |
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abhijith16 Member
Joined: 14 Sep 2010 Posts: 1575 Location: DOH/IXE/MEL
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Posted: Thu Aug 29, 2013 10:39 am Post subject: |
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sumantra wrote: | ameya wrote: | This will also be first flight from CJB-BOM which will definitely find place in the market | Yes, I'll join Abhijith in his point - they haven't loaded it on their schedules as yet (till 29 Aug'13 morning, at least). |
I just checked now, they have loaded schedules for the flight.
6E375 HYD0630 - 0750CJB 320 x357
6E363 CJB2100 - 2205HYD 320 x357
6E376 CJB0835 - 1030BOM 320 x357
6E364 BOM1830 - 2025CJB 320 x357
6E374 BOM1830 - 2025VTZ 320 357
6E373 VTZ0840 - 1030BOM 320 357
6E391 HYD0700 - 0810VTZ 320 357
6E392 VTZ2055 - 2205HYD 320 357 _________________ <a><img></a> |
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himmat01 Member
Joined: 19 Dec 2006 Posts: 1392 Location: DEL
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Posted: Thu Aug 29, 2013 1:59 pm Post subject: |
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Worst ever flight experience on Indigo on GOI-DEL sector. (August 25, 2013)
1. The flight attendants took almost 2 hours to complete the service between row 15 and the last row(30?).
2. Continuous arguments between the FAs.
3 Service continues even during turbulence. The fasten seat belt lights were on.
4. I was left stranded in the aft galley when the fasten seat belt sign was on as the FAs were blocking the aisle.
5. Worst ever passenger behaviour and the failure of the FAs to control them. _________________ Save Maharashtra! |
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HAWK21M Member
Joined: 19 Dec 2006 Posts: 8132 Location: Mumbai, INDIA
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Posted: Thu Aug 29, 2013 3:14 pm Post subject: |
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Small sectors the FA should go to the pax who are interested in ordering snacks/drinks and not start the routine service as its never completed. _________________ Think of the Brighter side !!! |
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ameya Member
Joined: 09 May 2007 Posts: 3671 Location: Pune,Maharashtra
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Posted: Thu Aug 29, 2013 4:32 pm Post subject: |
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himmat01 wrote: | Worst ever flight experience on Indigo on GOI-DEL sector. (August 25, 2013)
1. The flight attendants took almost 2 hours to complete the service between row 15 and the last row(30?).
2. Continuous arguments between the FAs.
3 Service continues even during turbulence. The fasten seat belt lights were on.
4. I was left stranded in the aft galley when the fasten seat belt sign was on as the FAs were blocking the aisle.
5. Worst ever passenger behaviour and the failure of the FAs to control them. |
Why not write to their president / MD types and inform them of where they are going |
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747-237 Member
Joined: 11 Jun 2007 Posts: 11358 Location: Gordon Gekko's Boardroom
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Posted: Thu Aug 29, 2013 4:38 pm Post subject: |
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IndiGo have added a new A320 to the fleet today, as VT-IFS. _________________ 11000 posts (and counting) on Airliners-India.
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himmat01 Member
Joined: 19 Dec 2006 Posts: 1392 Location: DEL
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Posted: Thu Aug 29, 2013 4:49 pm Post subject: |
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ameya wrote: |
Why not write to their president / MD types and inform them of where they are going |
I have given a feedback on the website. Will that actually reach the top? If you have the mail ids of the top management, please share. _________________ Save Maharashtra! |
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iah87 Member
Joined: 17 Apr 2007 Posts: 2566
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Posted: Thu Aug 29, 2013 6:41 pm Post subject: |
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TKMCE wrote: | Capacity Indiscipline - Biggest culprit .... Indigo..... 6E is not a public company. So we have only their word for it that they are profitable. But I will not be surprised the way they are putting capacity into routes like BBI, IXR and RPR, that many of their routes are in the red big time.
Government should step in quickly to stop this madness, else another KF may not be too far away (need not be 6E). |
I agree. They are one of the reasons for KF's demise and for Jet's retreat from domestic. Even Spicejet is suffering on many routes and is rumoured to be either losing money or just breaking even. One of good routes for Spice is HYD-CJB (2 daily flights), Jet and AI tried this with no success as Spice's fares were competitive, but with Indigo on this sector, Spice could suffer.
With Indian economy not doing well (Rupee at an all time low), I am not sure if this is the best time to pile on more on existing routes. |
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ameya Member
Joined: 09 May 2007 Posts: 3671 Location: Pune,Maharashtra
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Posted: Fri Aug 30, 2013 10:06 am Post subject: |
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I think this is open market, if you have deeper pockets you have the ability to make a killing over others.
If government steps in, it would be regulated in terms of fares, seats, everything. Why do that.
All said and done, 6E carries max pax per plane and more pax than any other in the domestic skies. |
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TKMCE Member
Joined: 27 Feb 2007 Posts: 957
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Posted: Fri Aug 30, 2013 1:19 pm Post subject: |
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Quote: |
I think this is open market, if you have deeper pockets you have the ability to make a killing over others. If government steps in, it would be regulated in terms of fares, seats, everything. Why do that.
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The issue here is that in the case of AI, Jet , SG and KF, the public will know easily whether indeed there was a "killing". It is not the case with 6E yet.
The effect of too much of "open market" could be seen on the effects of the Jimmy Carter deregulation of the domestic airlines in US in the late 1970s. I am not saying to go to the other extreme of full control, but government had made an attempt at a sort of controlled regulation by restricting the number of aircraft imports only to be shouted down by the proponents of "full economic freedom". The government was only effectively trying to give signals for "capacity discipline".
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All said and done, 6E carries max pax per plane and more pax than any other in the domestic skies.
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That however still does not mean that they are profitable on all routes....We all saw the after effects of the "2013 sale" fiasco. Yeah, flights ere going full full full!!!! |
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justbala Member
Joined: 11 Jan 2007 Posts: 1898 Location: Bangalore
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747-237 Member
Joined: 11 Jun 2007 Posts: 11358 Location: Gordon Gekko's Boardroom
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The_Goat Member
Joined: 03 Mar 2007 Posts: 3260 Location: South of France
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Posted: Sat Aug 31, 2013 11:22 pm Post subject: |
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TKMCE wrote: | Capacity Indiscipline - Biggest culprit .... Indigo..... 6E is not a public company. So we have only their word for it that they are profitable. But I will not be surprised the way they are putting capacity into routes like BBI, IXR and RPR, that many of their routes are in the red big time.
Government should step in quickly to stop this madness, else another KF may not be too far away (need not be 6E). |
Well, they have to fly the 100+ A320s they have ordered somewhere.
If not 6E's 320s will join AI's 777s and 9W's 330s in doing timepass in various tarmacs across India. Maybe that will happen anyway. _________________ I don't know which is the more pampered bunch : AI's widebodies (the aunties) or Jet's widebodies (the planes).
-Jasepl |
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TKMCE Member
Joined: 27 Feb 2007 Posts: 957
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Posted: Sun Sep 01, 2013 9:32 am Post subject: |
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Quote: | If not 6E's 320s will join AI's 777s and 9W's 330s in doing timepass in various tarmacs across India. Maybe that will happen anyway. |
I think to avoid precisely that was the motive of the government in trying to limit the approvals for the number of aircraft they could import n the current year. But then all hell broke loose |
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747-237 Member
Joined: 11 Jun 2007 Posts: 11358 Location: Gordon Gekko's Boardroom
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747-237 Member
Joined: 11 Jun 2007 Posts: 11358 Location: Gordon Gekko's Boardroom
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Posted: Sat Sep 14, 2013 5:01 pm Post subject: |
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IndiGo have withdrawn an A320 (VT-INL) from the fleet. _________________ 11000 posts (and counting) on Airliners-India.
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747-237 Member
Joined: 11 Jun 2007 Posts: 11358 Location: Gordon Gekko's Boardroom
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Posted: Mon Sep 16, 2013 9:24 pm Post subject: |
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747-237 wrote: | IndiGo have added a new A320 to the fleet today, as VT-IFS. |
And another today as VT-IFT. _________________ 11000 posts (and counting) on Airliners-India.
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shivendrashukla Member
Joined: 21 Dec 2006 Posts: 1354 Location: Mumbai, India
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Posted: Tue Sep 24, 2013 5:32 pm Post subject: |
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Indigo FY13 profit rises to Rs 993 crore
Quote: | NEW DELHI: No-frill carrier IndiGo today announced a whopping 1,454 per cent rise in gross profit at Rs 993 crore during 2012-13 compared to just Rs 64 crore in the earlier fiscal.
Its revenue during the period grew by 65 per cent to touch Rs 9,458 crore, as against Rs 5,718 crore during FY12.
"This is the fifth year in a row that we have posted profits since we broke even in 2008-09. We submitted our financial results to the Directorate General of Civil Aviation today as per the legal requirements," IndiGo CEO Aditya Ghosh told PTI here.
During the last fiscal, the net profit of the company stood at Rs 787 crore with its EBITDAR (earnings before interest, taxes, depreciation, amortisation, and rent or restructuring costs) or the cash flow from operations at Rs 1,758 crore, he said.
The airline is not a listed company. The airline also saw a 39 per cent expansion in capacity since last year, as the number of its aircraft grew from 55 in March 2012 to 66 in March 2013. It has now risen to 70. It operates a single aircraft type - Airbus A320-200s - with a standard seating capacity of 180 passengers.
"The surge in profits and good performance of the company was a result of better fares -- there was no fare war last year, the yield was much better and there was an overall decline in the industry capacity due to the closure of Kingfisher AirlinesBSE 9.83 %," Ghosh said while listing out the reasons behind IndiGo's profitability.
He claimed IndiGo was "a debt-free company and we have no working capital loans." Asked whether IndiGo was considering roping in a foreign partner in the wake of liberalisation of aviation FDI norms, Ghosh merely said "there is no compelling reason for us to look for more funds", indicating the current cash-rich status of the airline.
To a question on DGCA figures showing IndiGo's fares being higher than other airlines', he said its low fare buckets got filled up fast due to high demand for IndiGo flights.
"However, our average fares are the lowest in the industry, barring on few busy routes," the IndiGo chief said.
He also said the airline's load factor was higher at 81 per cent than the industry average of 74.6 per cent.
Indigo, like its competitors, was hit hard by high landing, navigation, parking and other airport charges.
Over and above, rising fuel prices and declining value of rupee vis-a-vis dollar posed a massive burden on the industry, almost 80 per cent of whose costs are dollar-based, he said.
Ghosh said any company with a high cost base or which is highly debt-ridden would be hurt the most by these factors.
"It is only in this industry that while the earnings of the airlines keep going down, the costs to the customer also go on rising," Ghosh said.
He attributed the rise in total revenue during 2012-13 "mainly to capacity expansion combined with improving yields."
The company's expenditure stood at Rs 8,465 crore compared to Rs 5,654 crore in 2011-12, a rise of 50 per cent, Ghosh said, adding that this was primarily a result of the rise in fuel prices and weakening of the rupee.
IndiGo has "consolidated its position" in the domestic industry with a market share of 28.1 per cent in March 2013, up from 22.2 per cent in the same period of 2012, Ghosh said. |
http://economictimes.indiatimes.com/news/news-by-company/earnings/earnings-news/indigo-fy13-profit-rises-to-rs-993-crore/articleshow/22992866.cms |
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me111993 Member
Joined: 04 Sep 2009 Posts: 3225 Location: MAA/AMD
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Posted: Tue Sep 24, 2013 9:42 pm Post subject: |
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Quote: | Indigo FY13 profit rises to Rs 993 crore |
yep, and my cat just gave birth to a 7 headed dog yesterday. _________________ Causal Determinism : We are hardwired to need answers. The Caveman who heard a rustle in the bushes and checked out to see what it was, lived longer than the guy, who assumed it was just a breeze.
- Greg House |
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Nimish Member
Joined: 16 Dec 2006 Posts: 9757 Location: Bangalore, India
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Posted: Tue Sep 24, 2013 10:18 pm Post subject: |
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^^ I agree - something is really wrong with their accounting practices, or this is just poor reporting. Since they're not public, they can quote any number, there's no requirement for them to publish the audited reports. _________________ We miss you Nalini! |
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rutvij Member
Joined: 22 Feb 2007 Posts: 1390 Location: Skies of Fire!
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Posted: Tue Sep 24, 2013 11:46 pm Post subject: |
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Nimish wrote: | ^^ I agree - something is really wrong with their accounting practices, or this is just poor reporting. Since they're not public, they can quote any number, there's no requirement for them to publish the audited reports. |
Who knows Nimish. They might be right this time, and a combination of various reasons for it.
Some I could think of:
- No dirt cheap fares this year
- Higher yield due to more International flights to Gulf and S.East
- Plethora of A320 Sharklets arriving (VT-IFH onwards) and even normal wingtip fenced A320s arrived last year. Sale and Lease back of a huge number of aircraft in the fiscal year surely brought in lot of inflows, a model on which Indigo thrives. Comparatively, only VT-INA through VT-INH were returned. |
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ameya Member
Joined: 09 May 2007 Posts: 3671 Location: Pune,Maharashtra
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Posted: Wed Sep 25, 2013 1:37 am Post subject: |
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I hope IndiGo knows that profit for 2012-13 does not mean profit of 2012 + profit of 2013 ! |
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Spiderguy252 Member
Joined: 10 Aug 2007 Posts: 4259 Location: Indian Ocean
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Posted: Wed Sep 25, 2013 10:42 am Post subject: |
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Reminds me of 9W reporting one of their pseudo-profits some years ago, which was only possible because of a neat accounting trick that consigned their 737 fleet to be treated as 'wide-bodies', with only the ATRs falling under the 'narrow-body' bracket. That got them some crores on paper I think. _________________ Yeah. |
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justbala Member
Joined: 11 Jan 2007 Posts: 1898 Location: Bangalore
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Posted: Wed Sep 25, 2013 1:53 pm Post subject: |
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Spiderguy252 wrote: | Reminds me of 9W reporting one of their pseudo-profits some years ago, which was only possible because of a neat accounting trick that consigned their 737 fleet to be treated as 'wide-bodies', with only the ATRs falling under the 'narrow-body' bracket. That got them some crores on paper I think. |
That was one of my accounting assignments during my MBA. 9W changing depreciation calculation from WDV to SLM and claimed back the amount written off earlier as "depreciation payout". This was to the tune of 900 Crs. |
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The_Goat Member
Joined: 03 Mar 2007 Posts: 3260 Location: South of France
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ameya Member
Joined: 09 May 2007 Posts: 3671 Location: Pune,Maharashtra
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Posted: Wed Sep 25, 2013 10:52 pm Post subject: |
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Yes Sir was discussed here. Wonder why are getting it in the news again. |
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747-237 Member
Joined: 11 Jun 2007 Posts: 11358 Location: Gordon Gekko's Boardroom
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Posted: Fri Sep 27, 2013 5:30 am Post subject: |
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http://www.businessweek.com/news/2013-09-26/indigo-sees-1-000-plane-fleet-as-travel-surges-corporate-india
IndiGo Sees 1,000 Plane-Fleet as Travel Surges: Corporate India
September 26, 2013
IndiGo, India’s biggest domestic carrier by market share, plans to more than double its fleet in a decade as part of a goal to eventually become a 1,000-plane operator by tapping the nation’s rising travel demand.
IndiGo will have at least 150 planes by 2023, President Aditya Ghosh said in an interview. The budget airline now has 70 Airbus SAS A320s, he said, without giving a timeframe for building the fleet to 1,000 aircraft. _________________ 11000 posts (and counting) on Airliners-India.
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Nimish Member
Joined: 16 Dec 2006 Posts: 9757 Location: Bangalore, India
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Posted: Fri Sep 27, 2013 5:46 am Post subject: |
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^^^ If they think demand is so much, shouldn't they be looking at wide body a/c instead of stuffing in more 320s in the market? I'm not saying 320s are bad, but there's a limit to the frequencies on the trunk routes - instead of having 4 320s leaving every 15 minutes (an extreme case), why not bring in a 330 (or even the famous 380!) and operate it as one frequency. We do have multiple long trains doing trunk routes every day, surely a 333R is not unimaginable. _________________ We miss you Nalini! |
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ameya Member
Joined: 09 May 2007 Posts: 3671 Location: Pune,Maharashtra
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Posted: Fri Sep 27, 2013 5:56 am Post subject: |
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1000 is an exaggeration IMP |
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shivendrashukla Member
Joined: 21 Dec 2006 Posts: 1354 Location: Mumbai, India
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Posted: Fri Sep 27, 2013 7:06 am Post subject: |
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Where are they planning to park those 1000 A320's in the night? 150 aircraft fleet by 2023 looks feasible but 1000, now that's something. |
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Spiderguy252 Member
Joined: 10 Aug 2007 Posts: 4259 Location: Indian Ocean
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Posted: Fri Sep 27, 2013 9:39 am Post subject: |
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Maybe 1000 cumulative, with plenty sold, leased back and given away after their six year flying period. Isn't that the way they've been doing it so far? _________________ Yeah. |
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TKMCE Member
Joined: 27 Feb 2007 Posts: 957
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Posted: Fri Sep 27, 2013 11:12 am Post subject: |
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With TATA SIA coming in, many of the experienced 6E commanders are most likely to jump ship . If they have to retain them, then their cost base will go up As DGCA has just confirmed they (as well as SG & G8 ) may be a low cost airline, may be a no frills airline but is not exactly a low fare airline. Right now a lot of their (6E) traffic in key metros like BOM DEL or BOM BLR are people who earlier flew KF and even 9W (before 9Ws product became so inconsistent that it was like a lottery on which aircraft you will end up in - Jet Airways, Jet Konnect or Jet Lite!). As a result a lot of the KF and 9W traffic have now shifted to 6E because of their frequencies and to start with lower fares (although the fare difference is now reducing rapidly). This ex KF and 9W traffic which is now mainly wit Indigo will mostly shift to Tata SIA and hopefully even 9W if EY quickly starts cracking its whip !!!! From the other end Air Asia India will start gnawing away at the price sensitive segment of the market and as a result in an year or two 6E is going to realise that even 100 aircraft is 20 or 30 too many!!! Interesting times ahead |
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Karan69 Member
Joined: 22 Dec 2006 Posts: 1334
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Posted: Fri Sep 27, 2013 2:14 pm Post subject: |
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TKMCE wrote: | . Right now a lot of their (6E) traffic in key metros like BOM DEL or BOM BLR are people who earlier flew KF and even 9W (before 9Ws product became so inconsistent that it was like a lottery on which aircraft you will end up in - Jet Airways, Jet Konnect or Jet Lite!). As a result a lot of the KF and 9W traffic have now shifted to 6E because of their frequencies and to start with lower fares (although the fare difference is now reducing rapidly). This ex KF and 9W traffic which is now mainly wit Indigo will mostly shift to Tata SIA and hopefully even 9W if EY quickly starts cracking its whip !!!! From the other end Air Asia India will start gnawing away at the price sensitive segment of the market and as a result in an year or two 6E is going to realise that even 100 aircraft is 20 or 30 too many!!! Interesting times ahead |
Rajeev Sir, a very valid point , coming from an industry veteran like you, gives us a whole new perspective to look at things
Karan |
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abhijith16 Member
Joined: 14 Sep 2010 Posts: 1575 Location: DOH/IXE/MEL
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Posted: Fri Sep 27, 2013 10:22 pm Post subject: |
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abhijith16 wrote: | sumantra wrote: | ameya wrote: | This will also be first flight from CJB-BOM which will definitely find place in the market | Yes, I'll join Abhijith in his point - they haven't loaded it on their schedules as yet (till 29 Aug'13 morning, at least). |
I just checked now, they have loaded schedules for the flight.
6E375 HYD0630 - 0750CJB 320 x357
6E363 CJB2100 - 2205HYD 320 x357
6E376 CJB0835 - 1030BOM 320 x357
6E364 BOM1830 - 2025CJB 320 x357
6E374 BOM1830 - 2025VTZ 320 357
6E373 VTZ0840 - 1030BOM 320 357
6E391 HYD0700 - 0810VTZ 320 357
6E392 VTZ2055 - 2205HYD 320 357 |
Effective October 28th 6E is going double daily on BOM-CJB and is increasing nonstop BOM-VTZ from 3w to Daily with different timings
Looks like A/C is based in BOM, any idea of the rotation ameya?
6E475 BOM0725 - 0915CJB 320 357
6E476 CJB1020 - 1225BOM 320 357
6E477 BOM0725 - 0915VTZ 320 x357
6E478 VTZ1020 - 1225BOM 320 x357 _________________ <a><img></a> |
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ameya Member
Joined: 09 May 2007 Posts: 3671 Location: Pune,Maharashtra
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Posted: Sat Sep 28, 2013 1:34 am Post subject: |
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Couldnt figure out what the aircraft does after that, there are a lot of changes happening for the WS. Thankfully being done considering the fog affected stations.
Might not be a night parking. It would be the AMD a/c arriving and operating this and the BOM-IXC getting delayed.
Just my thoughts... need to check
Current rotation is AMD-BOM-IXC-BOM-GOI-BOM-IXC-BOM-AMD, which gets swapped in GOI
7:25 is 6E slot to IXC, which I think is getting utilized here.
But this does mean there are additional slots for 6E in BOM this winter, because they wouldnt close down IXC flights, just put them in the afternoon |
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747-237 Member
Joined: 11 Jun 2007 Posts: 11358 Location: Gordon Gekko's Boardroom
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saurabhm_101 Member
Joined: 19 Dec 2006 Posts: 529 Location: Mumbai
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